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Meta Platforms, Inc.

META

The tables show figures Meta Platforms, Inc. filed with the SEC, in the currency it filed in (USD). A † marks totals or quarters calculated from filed lines. Nothing here is a forecast. By fiscal year · By quarter · What moved

Latest annual figures

Meta Platforms, Inc.: annual revenue and profit

Meta Platforms, Inc. reported annual revenue of $201.0bn (USD) for the fiscal year ending 31 Dec 2025.

Meta Platforms, Inc. reported annual net income of $60.5bn (USD) for the fiscal year ending 31 Dec 2025.

These are annual figures. The company report's headline twelve-month figures use an available twelve-month window from the filings and are missing when none can be calculated.

Read the META company report · Browse META filings on SEC EDGAR

By fiscal year

Fiscal yearOver the periodFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
What it earned
RevenueWhat it sold, before any costs+627%$201.0bn$164.5bn$134.9bn$116.6bn$117.9bn$86.0bn$70.7bn$55.8bn$40.7bn$27.6bn
Research & developmentSpent on developing products+869%$57.4bn$43.9bn$38.5bn$35.3bn$24.7bn$18.4bn$13.6bn$10.3bn$7.8bn$5.9bn
Operating profitProfit from the business itself+570%$83.3bn$69.4bn$46.8bn$28.9bn$46.8bn$32.7bn$24.0bn$24.9bn$20.2bn$12.4bn
InterestPaid to lenders+11550%$1.2bn$715.0m$446.0m$185.0m$23.0m—$20.0m$9.0m$6.0m$10.0m
TaxPaid in tax+1007%$25.5bn$8.3bn$8.3bn$5.6bn$7.9bn$4.0bn$6.3bn$3.2bn$4.7bn$2.3bn
Net incomeWhat was left after everything+492%$60.5bn$62.4bn$39.1bn$23.2bn$39.4bn$29.1bn$18.5bn$22.1bn$15.9bn$10.2bn
Diluted EPSThat profit, per share+573%$23.49$23.86$14.87$8.59$13.77$10.09$6.43$7.57$5.39$3.49
What it owns and owes
Cash & equivalentsCash it can spend today+303%$35.9bn$43.9bn$41.9bn$14.7bn$16.6bn$17.6bn$19.1bn$10.0bn$8.1bn$8.9bn
Current assetsWhat it owns that turns to cash within a year+216%$108.7bn$100.0bn$85.4bn$59.5bn$66.7bn$75.7bn$66.2bn$50.5bn$48.6bn$34.4bn
Total assetsEverything it owns+463%$366.0bn$276.1bn$229.6bn$185.7bn$166.0bn$159.3bn$133.4bn$97.3bn$84.5bn$65.0bn
Current liabilitiesWhat it owes within a year+1355%$41.8bn$33.6bn$32.0bn$27.0bn$21.1bn$15.0bn$15.1bn$7.0bn$3.8bn$2.9bn
Total liabilitiesEverything it owes+2480%$148.8bn$93.4bn$76.5bn$60.0bn$41.1bn$31.0bn$32.3bn$13.2bn$10.2bn$5.8bn
Long-term debtBorrowing due later$58.7bn$28.8bn$18.4bn$9.9bn$0—————
Total debtBoth kinds of borrowing together$58.7bn†$28.8bn†$18.4bn†$9.9bn†$0†—————
Shareholders’ equityWhat would be left for owners if it paid off everything+267%$217.2bn$182.6bn$153.2bn$125.7bn$124.9bn$128.3bn$101.1bn$84.1bn$74.3bn$59.2bn
Where the cash went
Cash from operationsCash the business itself brought in+619%$115.8bn$91.3bn$71.1bn$50.5bn$57.7bn$38.7bn$36.3bn$29.3bn$24.2bn$16.1bn
Cash from investingCash spent on or raised from investments-$102.0bn-$47.1bn-$24.5bn-$29.0bn-$7.6bn-$30.1bn-$19.9bn-$11.6bn-$20.0bn-$11.7bn
Cash from financingCash raised from or returned to lenders and owners-$20.4bn-$40.8bn-$19.5bn-$22.1bn-$50.7bn-$10.3bn-$7.3bn-$15.6bn-$5.2bn-$310.0m
Spending on property & equipmentSpent on property and equipment+1452%$69.7bn$37.3bn$27.3bn$31.4bn$18.6bn$15.1bn$15.1bn$13.9bn$6.7bn$4.5bn
Depreciation & amortisationWear on what it owns, counted as a cost+695%$18.6bn$15.5bn$11.2bn$8.7bn$8.0bn$6.9bn$5.7bn$4.3bn$3.0bn$2.3bn
Debt raisedBorrowed during the period$29.9bn$10.4bn$8.5bn$9.9bn$0$0————

† Worked out by us, not filed on its own. Total debt combines filed long-term debt with current debt when reported separately.

By quarter

Quarter endingOver the period30 Jun 202631 Mar 202631 Dec 202530 Sept 202530 Jun 202531 Mar 202531 Dec 202430 Sept 202430 Jun 202431 Mar 202431 Dec 202330 Sept 2023
What it earned
RevenueWhat it sold, before any costs+78%$60.8bn$56.3bn$59.9bn†$51.2bn$47.5bn$42.3bn$48.4bn†$40.6bn$39.1bn$36.5bn$40.1bn†$34.1bn
Research & developmentSpent on developing products+134%$21.7bn$17.7bn$17.1bn†$15.1bn$12.9bn$12.2bn$12.2bn†$11.2bn$10.5bn$10.0bn$10.5bn†$9.2bn
Operating profitProfit from the business itself+37%$18.8bn$22.9bn$24.7bn†$20.5bn$20.4bn$17.6bn$23.4bn†$17.4bn$14.8bn$13.8bn$16.4bn†$13.7bn
InterestPaid to lenders+471%$754.0m———$232.0m—$275.0m†$200.0m——$155.0m†$132.0m
TaxPaid in tax+19%$2.9bn-$5.0bn$2.6bn†$19.0bn$2.2bn$1.7bn$2.7bn†$2.1bn$1.6bn$1.8bn$2.8bn†$2.4bn
Net incomeWhat was left after everything+37%$15.8bn$26.8bn$22.8bn†$2.7bn$18.3bn$16.6bn$20.8bn†$15.7bn$13.5bn$12.4bn$14.0bn†$11.6bn
Diluted EPSThat profit, per share+41%$6.18$10.44$8.87†$1.05$7.14$6.43$7.98†$6.03$5.16$4.71$5.31†$4.39
What it owns and owes
Cash & equivalentsCash it can spend today-58%$15.5bn$23.4bn$35.9bn$10.2bn$12.0bn$28.8bn$43.9bn$43.9bn$32.0bn$32.3bn$41.9bn$36.9bn
Current assetsWhat it owns that turns to cash within a year+60%$125.5bn$109.8bn$108.7bn$73.1bn$73.6bn$90.2bn$100.0bn$91.1bn$76.4bn$75.3bn$85.4bn$78.4bn
Total assetsEverything it owns+108%$450.0bn$395.3bn$366.0bn$303.8bn$294.7bn$280.2bn$276.1bn$256.4bn$230.2bn$222.8bn$229.6bn$216.3bn
Current liabilitiesWhat it owes within a year+85%$56.4bn$46.8bn$41.8bn$37.0bn$37.3bn$33.9bn$33.6bn$33.3bn$27.0bn$28.1bn$32.0bn$30.5bn
Total liabilitiesEverything it owes+157%$188.7bn$151.6bn$148.8bn$109.8bn$99.7bn$95.2bn$93.4bn$91.9bn$73.5bn$73.3bn$76.5bn$73.4bn
Long-term debtBorrowing due later+355%$83.7bn$58.7bn$58.7bn$28.8bn$28.8bn$28.8bn$28.8bn$28.8bn$18.4bn$18.4bn$18.4bn$18.4bn
Total debtBoth kinds of borrowing together+355%$83.7bn†$58.7bn†$58.7bn†$28.8bn†$28.8bn†$28.8bn†$28.8bn†$28.8bn†$18.4bn†$18.4bn†$18.4bn†$18.4bn†
Shareholders’ equityWhat would be left for owners if it paid off everything+83%$261.2bn$243.7bn$217.2bn$194.1bn$195.1bn$185.0bn$182.6bn$164.5bn$156.8bn$149.5bn$153.2bn$142.9bn
Where the cash went
Cash from operationsCash the business itself brought in+56%$31.9bn†$32.2bn$36.2bn†$30.0bn†$25.6bn†$24.0bn$28.0bn†$24.7bn†$19.4bn†$19.2bn$19.4bn†$20.4bn†
Cash from investingCash spent on or raised from investments-$49.7bn†-$33.7bn-$34.2bn†-$21.8bn†-$26.0bn†-$20.0bn-$21.5bn†-$8.6bn†-$8.3bn†-$8.7bn-$6.5bn†-$6.1bn†
Cash from financingCash raised from or returned to lenders and owners$16.0bn†-$6.6bn$25.1bn†-$10.0bn†-$16.0bn†-$19.5bn-$5.5bn†-$4.4bn†-$11.2bn†-$19.8bn-$8.4bn†-$5.9bn†
Spending on property & equipmentSpent on property and equipment+360%$30.1bn†$19.0bn$21.4bn†$18.8bn†$16.5bn†$12.9bn$14.4bn†$8.3bn†$8.2bn†$6.4bn$7.7bn†$6.5bn†
Depreciation & amortisationWear on what it owns, counted as a cost+122%$6.4bn†$6.0bn$5.4bn†$5.0bn†$4.3bn†$3.9bn$4.5bn†$4.0bn†$3.6bn†$3.4bn$3.2bn†$2.9bn†
Debt raisedBorrowed during the period——$29.9bn†$0†——$0†$10.4bn†——$0†$0†

† Worked out by us, not filed on its own. Total debt combines filed long-term debt with current debt when reported separately. For other marked lines, the company reports from the start of its year, so the quarter is one running total less the one before it.

What moved

The largest movements in the tables above, with what else moved alongside them. Anything filed near a movement is listed as having been filed near it — that is a date, not a cause.

Total debt rose in each of the last 4 fiscal years

By the numbersOver the same period: spending on property & equipment rose 87.1% to $69.7bn, cash from operations rose 26.8% to $115.8bn, debt raised rose 186.7% to $29.9bn.

Also filed around then
  • 16 Jan 2026 — departure or appointment of an officer or director
  • 19 Dec 2025 — departure or appointment of an officer or director
  • 11 Apr 2025 — departure or appointment of an officer or director
  • 20 Feb 2025 — departure or appointment of an officer or director

Total debt rose in each of the last 11 quarters

By the numbersOver the same period: spending on property & equipment rose 58.5% to $30.1bn, cash from operations fell 1.1% to $31.9bn.

Also filed around then
  • 14 Apr 2026 — departure or appointment of an officer or director

Shareholders’ equity rose in each of the last 4 fiscal years

By the numbersOver the same period: total debt rose 103.8% to $58.7bn, net income fell 3.1% to $60.5bn.

Also filed around then
  • 16 Jan 2026 — departure or appointment of an officer or director
  • 19 Dec 2025 — departure or appointment of an officer or director
  • 11 Apr 2025 — departure or appointment of an officer or director
  • 20 Feb 2025 — departure or appointment of an officer or director
Where this came from
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Both earn heavily from digital advertising, while their products, other businesses and reporting mix differ.

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